Graduate Tax

Seeing the brain drain in India, Indian Government is planning to tax students who take up overseas jobs after passing out from premier institutions like IIM's, IIT's & all such institutions in the country and employers for each graduate recruited by them in order to recover the cost of higher education.

Parliament's standing committee on human resource development has recommended the imposition of "Graduate Tax" and "Exit Tax". Of course when Indian Government invests so much in these students by giving subsidies during their education, why should not they Tax them when they plan to leave India.............by the way how many students shall be willing to pay such Tax when they shall be Taxed in the country in which they live..........Read more.........Panel suggests taxing employers for each graduate recruited

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